Ecolnet plans Ft 20 billion investment

Thursday, June 2, 2005, 16:32

Ecolnet-WTP Rt will build a Ft 20 billion household waste management plant near Gyöngyös, northeastern Hungary, business daily Világgazdaság reported. The company plans to start the investment in the summer of 2005. The plant will have a capacity to process thousands of tons of garbage per year. The Hungarian subsidiary of Zurich-based Ecolnet AG will realize the project in cooperation with Swiss financial investors and use a technology developed by another Swiss company, Thermoselect SA. The same environmentally safe technology has been used successfully in Japan and Germany as well.

Related articles

Magyar Telekom, Telenor Magyarország and Vodafone Magyarország have been registered by Hungaryʼs National Media and Infocommunications Authority (NMHH) for the auctions for 5G spectrums, NMHH said today, according to a report by Hungarian news agency MTI.

Real estate market turnover was significantly weaker than usual in August, as a result of which the market closed its weakest summer period in the last four years, according to data by Duna House Barometer.

The board of listed holding company Opus Global will ask shareholders for a mandate to issue HUF 28.6 billion of bonds in the framework of the National Bank of Hungaryʼs Bond Funding for Growth Scheme (BGS) at an EGM on October 4, the agenda for the meeting shows, state news wire MTI reports.

European Business Awards has announced the seven national winners for Hungary, with the companies qualifying for the finals in Warsaw on December 3-4, according to a press release sent to the Budapest Business Journal.